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Bitcoin price $111K support retest 'in progress' as RSI points higher
Bitcoin tested key resistance on Tuesday, with traders bullish on BTC price upside. Data from Cointelegraph Markets Pro and TradingView showed Bitcoin acting around $114,000. After an impressive weekly close, BTC/USD consolidated gains during Monday’s Wall Street trading session. Trader and analyst Rekt Capital noted two important support levels for bulls to reclaim: the 21-week exponential moving average (EMA) at $111,200 and $114,500 weekly close. “Bitcoin has successfully Weekly Closed above both the 21-week EMA (green) and $114.5k (black),” he told X followers alongside a chart. “Both $114.5k & EMA ... (full story)
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